Ares U.S. direct lending platform closes on $27bn in 12 months

Following a blockbuster fundraise for its junior capital direct lending fund in October, Ares Management announced that its U.S. direct lending platform is growing rapidly.

Over the last 12 months ending September 30, the firm closed on $27 billion in direct lending capital. The previous 12 months totaled only $8.4 billion in commitments.

Ares Private Credit Solutions II (ACPS II) was oversubscribed last month at its $5.1 billion . . .

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